Oct nov dec assets starting balances current assets

  • No School
  • AA 1
  • 29

This preview shows page 29 out of 29 pages.

Oct Nov Dec Assets Starting Balances Current Assets Cash $24,000 $23,026 $18,600 $13,589 $16,879 $16,066 $19,557 $20,657 $22,308 $24,307 $26,675 $27,415 $28,817 Inventory $2,000 $1,900 $2,683 $3,106 $5,203 $5,403 $5,614 $5,819 $6,034 $6,256 $6,490 $6,730 $6,980 Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Current Assets $26,000 $24,926 $21,282 $16,696 $22,082 $21,469 $25,170 $26,476 $28,342 $30,562 $33,165 $34,145 $35,797 Long-term Assets Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Accumulated Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Assets $26,000 $24,926 $21,282 $16,696 $22,082 $21,469 $25,170 $26,476 $28,342 $30,562 $33,165 $34,145 $35,797 Liabilities and Capital Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Current Liabilities Accounts Payable $0 $6,503 $8,785 $8,701 $13,654 $12,180 $12,578 $12,709 $13,055 $13,410 $13,786 $13,581 $13,972 Current Borrowing $9,290 $8,540 $7,790 $7,040 $6,290 $5,540 $6,790 $6,040 $5,290 $4,540 $3,790 $3,040 $2,000 Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Current Liabilities $9,290 $15,043 $16,575 $15,741 $19,944 $17,720 $19,368 $18,749 $18,345 $17,950 $17,576 $16,621 $15,972 Long-term Liabilities $24,000 $23,200 $22,400 $21,600 $20,800 $20,000 $19,200 $18,400 $17,600 $16,800 $16,000 $15,200 $14,400 Total Liabilities $33,290 $38,243 $38,975 $37,341 $40,744 $37,720 $38,568 $37,149 $35,945 $34,750 $33,576 $31,821 $30,372 Paid-in Capital $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 Retained Earnings ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) ($62,290) Earnings $0 ($6,027) ($10,403) ($13,356) ($11,372) ($8,961) ($6,108) ($3,382) ($313) $3,103 $6,879 $9,614 $12,716 Total Capital ($7,290) ($13,317) ($17,693) ($20,646) ($18,662) ($16,251) ($13,398) ($10,672) ($7,603) ($4,187) ($411) $2,324 $5,426 Total Liabilities and Capital $26,000 $24,926 $21,282 $16,696 $22,082 $21,469 $25,170 $26,476 $28,342 $30,562 $33,165 $34,145 $35,797 Net Worth ($7,290) ($13,317) ($17,693) ($20,646) ($18,662) ($16,251) ($13,398) ($10,672) ($7,603) ($4,187) ($411) $2,324 $5,426 29
Image of page 29

You've reached the end of your free preview.

Want to read all 29 pages?

  • Fall '19
  • Logictech cybercafe

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes